The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 12, 2025 for Ajay Kumar Bijli
PVRINOX · price
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PVR Inox's Promoter and Managing Director, Ajay Kumar Bijli, has created a pledge on 3,26,000 equity shares (0.33% of total share capital) in favour of HSBC InvestDirect Financial Services (India) Limited, for personal borrowing purposes. The pledge was created on 11th September 2025 and disclosed to the exchanges on 12th September 2025. Post this pledge, his total encumbered shares stand at 25,44,000 (2.59% of share capital), against his overall holding of 54,47,205 shares (5.55%).
This is a relatively small pledge creation by the promoter for personal borrowing, and the total pledged portion remains low at under 3% of share capital. While not immediately concerning, investors should monitor if further pledges are created, as a rising pledge ratio can signal financial stress.